Two experts expect crypto money to be used in payments, commerce, apps and games in the ecosystem that includes Facebook’s image-based social media platform, Instagram and the encrypted messaging service WhatSapp.
Analysts also think that Facebook’s shares will reach $ 250. The company reached its historic peak in July of last year with $ 210, which closed the Friday at $ 181.33.
ÔÇťMore people will get Bitcoin for a simple reason – Bitcoin is scarce, not Facebook’s crypto money. Over time, people will use the most honest book to store their hard-earned fortune – and it’s not fake money or derivatives of Facebook, including crypto money. ÔÇŁ
Finally, while many people are excited about this product of Facebook, crypto currency pioneer Charlie Shrem says:
ÔÇťI think Facebook’s crypto money is an attempt by big tech companies, banks and credit card companies to keep people away from Bitcoin, this is nothing more than a nominal money masked as crypto money.ÔÇŁ
Last Minute Details About Facebook’s Crypto Money